UBS, an Investment Banking firm, reports that Apple sold as many as 69.3 million iPhones in Q4 2014. This equates to a 36% year-over-year increase in Holiday quarter sales, which is from October to December. During the same period last year (2013), Apple sold 51 million iPhones. Wall Street had set a target of 65.5 million iPhone sales for Q4 2014, which Apple beat handsomely.

According to the same report, Apple may announce $68 billion in revenue for the last quarter. Also, its stock price may rise from $108 (current) to $125, riding on the news of strong sales.